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Budget 2020: Wishlist Of MicroFinance Industry
In its wishlist from the Budget 2020,the industry body of microfinance sector expects to do away with GST charged on services offered by the sector. The demands have been highlighted by P Satish who is the Executive Director of microfinance ...
What is Microcredit?
Microcredit is a financial service within the broader segment of microfinance that offers credit, fund transfers, insurance and savings. The service provides small loans to sections of the society that lack access to banking and other allied services. The main ...
RBI, the national regulator to control Microfinance Institutions
Government finally came up with conclusion by proposing a regulatory framework for the microfinance industry. Microfinance Institutions (MFIs) which gives small loans to poor people will come under the ambit of Reserve Bank of India. The draft of 'The Micro ...
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